You may have visions of running a successful law firm while you spend time with your loved ones or relax on the beach, but you need to track the right things to achieve that success.
Successful law firm owners have a reliable bird’s-eye view of their firm that makes them feel confident that everything is running smoothly. They know how effectively they close cases, how valuable each case type is, how much payroll absorbs their revenue, the effectiveness of their marketing efforts, their net profit, cash flow, etc.
It is monitoring the performance of your firm that can help you grow in terms of revenue, cash flow, and profitability. It sounds incredible, but there is an overwhelming amount of information you can track. And the goal is to work more on growing your business rather than being inundated with information you may not understand. So the real challenge is identifying which key metrics can help you achieve your goals.
During this self-paced course, you will understand the metrics you need to track to see the big picture and make strategic decisions for your firm.
*Your purchase grants 3-week access. Florida Bar members also receive 1 general CLE credits.
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Disclaimer: The Premium Profit® courses provide informative resources for educational purposes only. Consult your Bar Association and professionals for tax, legal, or any other advice before engaging in any transaction.
Course Overview:
- Assessing Your Law Firm's Performance
- Video Introduction
- Top Ten Metrics You Should Be Tracking
- Formulas and Impact on Decision Making
- Test Your Knowledge
- Making Decisions That Impact Your Goals
- Making Strategic Decisions
- 5 Steps: Tracking KPIs And Achieving Your Goals
- Test Your Knowledge
- Resources
- Feedback